Maximalcom: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Maximalcom
Largest movements
- Tangible fixed assets -€8,536
down €8,536 (-53.7%), from €15,902 to €7,366
of which Furniture and vehicles: -€4,769
- Receivables within one year -€6,815
down €6,815 (-36.4%), from €18,734 to €11,919
of which Trade receivables: -€5,728
- Deferred charges and accrued income +€6,460
up €6,460 (+1239.9%), from €521 to €6,981
- Cash +€1,572
up €1,572 (+180.7%), from €870 to €2,442
mainly Depreciation (+€8,536) and Receivables within one year (+€6,815)
- Tax, wage and social debts -€3,603
no longer reported in 2025 (was €3,603)
- Profit (loss) carried forward -€2,603
down €2,603 (-1.0%), from -€256,350 to -€258,953
- Other debts -€630
down €630 (-0.2%), from €255,161 to €254,531
- Accrued charges and deferred income -€483
down €483 (-13.4%), from €3,613 to €3,130
- Gross operating margin +€5,687
up €5,687 (+579.7%), from €981 to €6,668
- Depreciation +€1,998
up €1,998 (+30.6%), from €6,538 to €8,536
- Other operating charges -€196
down €196 (-28.3%), from €693 to €497
From the 31-12-2024 result to the 31-12-2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,027 | €28,708 | -€7,319 | -20.3% |
| Fixed assets | 21/28 | €15,902 | €7,366 | -€8,536 | -53.7% |
| Tangible fixed assets | 22/27 | €15,902 | €7,366 | -€8,536 | -53.7% |
| Plant, machinery and equipment | 23 | €10,491 | €6,724 | -€3,767 | -35.9% |
| Furniture and vehicles | 24 | €5,411 | €642 | -€4,769 | -88.1% |
| Current assets | 29/58 | €20,125 | €21,342 | +€1,217 | +6.0% |
| Amounts receivable within one year | 40/41 | €18,734 | €11,919 | -€6,815 | -36.4% |
| Trade receivables | 40 | €16,296 | €10,568 | -€5,728 | -35.1% |
| Other amounts receivable | 41 | €2,438 | €1,351 | -€1,087 | -44.6% |
| Cash at bank and in hand | 54/58 | €870 | €2,442 | +€1,572 | +180.7% |
| Deferred charges and accrued income | 490/1 | €521 | €6,981 | +€6,460 | +1239.9% |
| Total equity and liabilities | 10/49 | €36,027 | €28,708 | -€7,319 | -20.3% |
| Equity | 10/15 | -€226,350 | -€228,953 | -€2,603 | -1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,350 | -€258,953 | -€2,603 | -1.0% |
| Amounts payable | 17/49 | €262,377 | €257,661 | -€4,716 | -1.8% |
| Amounts payable within one year | 42/48 | €258,764 | €254,531 | -€4,233 | -1.6% |
| Taxes, remuneration and social security | 45 | €3,603 | - | -€3,603 | |
| Taxes | 450/3 | €3,603 | - | -€3,603 | |
| Other amounts payable | 47/48 | €255,161 | €254,531 | -€630 | -0.2% |
| Accrued charges and deferred income | 492/3 | €3,613 | €3,130 | -€483 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,538 | €8,536 | +€1,998 | +30.6% |
| Other operating charges | 640/8 | €693 | €497 | -€196 | -28.3% |
| Gross operating margin | 9900 | €981 | €6,668 | +€5,687 | +579.7% |
| Operating profit (loss) | 9901 | -€6,250 | -€2,365 | +€3,885 | +62.2% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €301 | €238 | -€63 | -20.9% |
| Recurring financial charges | 65 | €301 | €238 | -€63 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,548 | -€2,603 | +€3,945 | +60.2% |
| Profit (loss) for the period | 9904 | -€6,548 | -€2,603 | +€3,945 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,548 | -€2,603 | +€3,945 | +60.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.